AgustaWestland Order Book Bulges with Heli-Expo Agreements
AgustaWestland is having a good show. How good? By the time the show ends, the Anglo-Italian OEM said yesterday it expects to have signed agreements here for more than 100 helicopters with a total value of more than $923 million. Some of the deals are still in their early stages, but the outlook is certainly positive.
On Saturday, the day before the show opened, AgustaWestland announced an order from Lease Corporation International valued at $380 million (including options) for a mix of AW139s, AW169s and AW189s.
Then, early in the afternoon on Sunday came an announcement by CEO Bruno Spagnolini that Gulf Helicopters had signed “a preliminary sale contract” for 15 AW189s to support offshore transport. The order came just two months after the new 8-metric-ton helicopter’s first flight in December 2011.
In a separate ceremony, also on Sunday, Bond Aviation Group signed “a framework agreement” for 15 helicopters comprising 10 firm orders and five options. The agreement includes a mix of AW139s, AW169s and AW189s.
Later on Sunday afternoon, Sloan Helicopters, an AgustaWestland authorized service center based in Northamptonshire in the U.K., signed a multi-year distribution agreement covering “a significant number of GrandNew light twins to be delivered through to 2014.” The distribution agreement included two firm orders.
Finally on Sunday, Life Flight Network signed a contract with AgustaWestland for 15 AW119Ke helicopters to meet its future air medical transport requirements. Deliveries will begin in late 2012 and continue through 2014.
At least two more order announcements by AgustaWestland are expected today.